HomeNewsBusinessBudgetBudget 2012: Allowing ECB for low cost housing to benefit realty

Budget 2012: Allowing ECB for low cost housing to benefit realty

Withholding tax on ECBs for affordable housing has been reduced from 20% to 5% for 3 years and this move will help ease the liquidity in realty sector.

March 16, 2012 / 15:06 IST
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By Sachin Sandhir, Managing Director, RICS South Asia

first published: Mar 16, 2012 02:00 pm

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